China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets
Submitted by Anonymous (not verified) on Sat, 05/18/2024 - 23:30
According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its holdings against the United States. China’s Treasury Holdings Drop Dramatically, Raising Red Flags for U.S. Markets China has significantly […]